Analyst Insight: Sales and operations planning is a fundamental process that all retail, manufacturing and consumer products companies should have in place. Surprisingly, many companies do not have a process to formally balance product supply with product demand. Many articles and books have already been written on the technical steps which outline a successful S&OP program. These resources describe the nuances of product rationalization, demand forecasting, supply forecasting, S&OP "True Up" and executive review. - Brewster Smith, Project Manager, Tompkins International
As the sales and operations planning (S&OP) leader, there are a few principal responsibilities: setting priorities, planning and executing your supply chain strategies, driving incremental improvements while quickly adapting to changing market and customer requirements, and linking changes in demand to changes in supply while keeping in mind the financial results. But that's just within the average day-to-day activity – it is also expected that advance changes in thinking and execution will be developed to help solve S&OP limitations.
Analyst Insight: Supply chain management ... the words are a freely exchanged contemporary coin of the realm. Yet reality has fallen short of promise because of anachronistic functional silos, presided over by vice presidents who fiercely defend their worn-out turf with an endless stream of misguided initiatives. Sales and operations planning (S&OP) was designed to bash these barriers, but it, too, has fallen short because of overmatched implementation technology. Fortunately, there is a readily available solution. – Jeff Karrenbauer, president & co-founder, INSIGHT Inc.
Analyst Insight: Although sales and operations planning has been a formalized practice since the 1980s, companies still struggle to effectively implement S&OP as both sales and operations become more fragmented. Based on the successes of multiple multibillion-dollar organizations, Blue Hill provides the following recommendations for companies still finding it difficult to effectively start an S&OP program. – Hyoun Park, Chief Research Officer at Blue Hill Research
Analyst Insight: Sales and operations planning is almost sacred to those who have it, but still fuzzy to those who don't. Those who do, cannot imagine running their business without it, while those who don’t, are still debating the merits and are not clear about the value. Whether you have it and are looking for tips to improve, or are seriously considering but yet unsure, read on. - Bryan Ball, Vice President and Group Director, Supply Chain and Operations Practices, Aberdeen Group
From banners to jerseys, flags to face paint, the World Cup illustrated just how important a brand is for firing up fans. As brands come to mean more to everyday consumers, so, too, do the processes – from procurement to distribution – needed to fulfill a brand’s promise.